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APPFOLIO INC（APPF）与Mativ Holdings, Inc.（MATV）财务数据对比。点击上方公司名可切换其他公司
Mativ Holdings, Inc.的季度营收约是APPFOLIO INC的1.8倍（$463.1M vs $262.2M），Mativ Holdings, Inc.净利率更高（21.8% vs 16.2%，领先5.6%），APPFOLIO INC同比增速更快（20.4% vs 1.0%），过去两年APPFOLIO INC的营收复合增速更高（15.3% vs -3.8%）
AppFolio Inc.是一家2006年成立的美国企业，专注服务房地产行业，为客户提供软件即服务（SaaS）类应用产品及相关配套服务，助力房地产相关经营主体优化管理流程、提升运营效率。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
APPF vs MATV — 直观对比
营收规模更大
MATV
是对方的1.8倍
$262.2M
营收增速更快
APPF
高出19.5%
1.0%
净利率更高
MATV
高出5.6%
16.2%
两年增速更快
APPF
近两年复合增速
-3.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $262.2M | $463.1M |
| 净利润 | $42.4M | $100.8M |
| 毛利率 | — | 18.8% |
| 营业利润率 | 19.4% | 2.2% |
| 净利率 | 16.2% | 21.8% |
| 营收同比 | 20.4% | 1.0% |
| 净利润同比 | 35.2% | 6620.0% |
| 每股收益（稀释后） | $1.18 | $1.87 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收APPFMATV
| Q1 26 | $262.2M | — | ||
| Q4 25 | $248.2M | $463.1M | ||
| Q3 25 | $249.4M | $513.7M | ||
| Q2 25 | $235.6M | $525.4M | ||
| Q1 25 | $217.7M | $484.8M | ||
| Q4 24 | $203.7M | $458.6M | ||
| Q3 24 | $205.7M | $498.5M | ||
| Q2 24 | $197.4M | $523.8M |
净利润APPFMATV
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | $100.8M | ||
| Q3 25 | $33.6M | $-3.2M | ||
| Q2 25 | $36.0M | $-9.5M | ||
| Q1 25 | $31.4M | $-425.5M | ||
| Q4 24 | $102.7M | $1.5M | ||
| Q3 24 | $33.0M | $-20.8M | ||
| Q2 24 | $29.7M | $-1.4M |
毛利率APPFMATV
| Q1 26 | — | — | ||
| Q4 25 | — | 18.8% | ||
| Q3 25 | — | 19.3% | ||
| Q2 25 | — | 19.7% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | — | 18.8% | ||
| Q2 24 | — | 20.8% |
营业利润率APPFMATV
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | 2.2% | ||
| Q3 25 | 14.1% | 3.1% | ||
| Q2 25 | 17.2% | 3.8% | ||
| Q1 25 | 15.5% | -88.8% | ||
| Q4 24 | 11.3% | 0.6% | ||
| Q3 24 | 20.7% | 1.4% | ||
| Q2 24 | 18.3% | 2.0% |
净利率APPFMATV
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | 21.8% | ||
| Q3 25 | 13.5% | -0.6% | ||
| Q2 25 | 15.3% | -1.8% | ||
| Q1 25 | 14.4% | -87.8% | ||
| Q4 24 | 50.4% | 0.3% | ||
| Q3 24 | 16.0% | -4.2% | ||
| Q2 24 | 15.0% | -0.3% |
每股收益（稀释后）APPFMATV
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | $1.87 | ||
| Q3 25 | $0.93 | $-0.06 | ||
| Q2 25 | $0.99 | $-0.18 | ||
| Q1 25 | $0.86 | $-7.82 | ||
| Q4 24 | $2.79 | $0.03 | ||
| Q3 24 | $0.90 | $-0.38 | ||
| Q2 24 | $0.81 | $-0.03 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $147.4M | $84.2M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $470.2M | $498.7M |
| 总资产 | $580.6M | $2.1B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资APPFMATV
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | $84.2M | ||
| Q3 25 | $76.1M | $97.1M | ||
| Q2 25 | $73.5M | $95.6M | ||
| Q1 25 | $56.9M | $84.0M | ||
| Q4 24 | $42.5M | $94.3M | ||
| Q3 24 | $62.4M | $162.2M | ||
| Q2 24 | $59.6M | $133.4M |
总债务APPFMATV
| Q1 26 | — | — | ||
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B |
股东权益APPFMATV
| Q1 26 | $470.2M | — | ||
| Q4 25 | $542.6M | $498.7M | ||
| Q3 25 | $498.9M | $397.4M | ||
| Q2 25 | $455.6M | $416.6M | ||
| Q1 25 | $462.1M | $428.2M | ||
| Q4 24 | $519.3M | $858.5M | ||
| Q3 24 | $412.8M | $882.3M | ||
| Q2 24 | $371.4M | $898.0M |
总资产APPFMATV
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | $2.1B | ||
| Q3 25 | $640.5M | $2.0B | ||
| Q2 25 | $567.4M | $2.1B | ||
| Q1 25 | $564.7M | $2.1B | ||
| Q4 24 | $626.7M | $2.4B | ||
| Q3 24 | $523.3M | $2.6B | ||
| Q2 24 | $479.3M | $2.6B |
负债/权益比APPFMATV
| Q1 26 | — | — | ||
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.63× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.29× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $34.3M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | — | $8.0M |
| 自由现金流率自由现金流/营收 | — | 1.7% |
| 资本支出强度资本支出/营收 | — | 2.4% |
| 现金转化率经营现金流/净利润 | 0.81× | 0.19× |
| 过去12个月自由现金流最近4个季度 | — | $93.8M |
8季度趋势，按日历期对齐
经营现金流APPFMATV
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $19.3M | ||
| Q3 25 | $86.0M | $72.8M | ||
| Q2 25 | $52.6M | $57.6M | ||
| Q1 25 | $38.5M | $-15.9M | ||
| Q4 24 | $36.6M | $24.1M | ||
| Q3 24 | $57.8M | $37.6M | ||
| Q2 24 | $50.9M | $46.1M |
自由现金流APPFMATV
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $8.0M | ||
| Q3 25 | $84.7M | $66.7M | ||
| Q2 25 | $52.4M | $48.9M | ||
| Q1 25 | $38.2M | $-29.8M | ||
| Q4 24 | $36.4M | $2.0M | ||
| Q3 24 | $57.4M | $25.5M | ||
| Q2 24 | $50.8M | $37.4M |
自由现金流率APPFMATV
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | 1.7% | ||
| Q3 25 | 34.0% | 13.0% | ||
| Q2 25 | 22.2% | 9.3% | ||
| Q1 25 | 17.6% | -6.1% | ||
| Q4 24 | 17.9% | 0.4% | ||
| Q3 24 | 27.9% | 5.1% | ||
| Q2 24 | 25.8% | 7.1% |
资本支出强度APPFMATV
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 2.4% | ||
| Q3 25 | 0.5% | 1.2% | ||
| Q2 25 | 0.1% | 1.7% | ||
| Q1 25 | 0.1% | 2.9% | ||
| Q4 24 | 0.1% | 4.8% | ||
| Q3 24 | 0.2% | 2.4% | ||
| Q2 24 | 0.0% | 1.7% |
现金转化率APPFMATV
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | 0.19× | ||
| Q3 25 | 2.56× | — | ||
| Q2 25 | 1.46× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 0.36× | 16.07× | ||
| Q3 24 | 1.75× | — | ||
| Q2 24 | 1.71× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
APPF
| Value Added Services | $201.4M | 77% |
| Subscription Services | $58.2M | 22% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
